5. Britain’s decision to leave the European Union on June 23 resulted in the S&P 500 Apparel and Accessories Index falling 5.4% the next day. All seven companies included in the index, including PVH, which owns Tommy Hilfiger and Calvin Klein, and licenses brands such as BCBG Max Azria and MICHAEL Michael Kors (-8.9%); Ralph Lauren (-7.9%); Coach (-4.8%); Michael Kors (-6.3%); and Under Armour (-2.5%), registered a fall in their stock prices - Market Realist

6. The Fashion Law's Julie Zerbo talks us through the murky world of FTC violations and counterfeiting and chips in ideas on how to fix the fashion industry. - REDEF

7. Amancio Ortega, founder of Zara-owner Inditex, lost $7.5 billion over the two trading days following Brexit - Fortune